Token2049 Sparks Heated Discussion: The Dilemmas and Opportunities for Chinese Entrepreneurs in Web3

The Token2049 conference has concluded in Singapore, sparking heated discussions among industry insiders about the situation of Chinese entrepreneurs in Web3. Many attendees shared their thoughts, among which Zhao Chen's article "Token 2049 Takeaways" attracted widespread attention. He believes that the Western Web3 world is "oppressing" and "excluding" Chinese people, turning Chinese entrepreneurs into "Crypto Jews."

This article has sparked responses from many well-known figures. Wang Feng, the founder of Mars Finance, stated that this is an unprecedented insult, a tragedy for the blood of the new technology community. Mindao, the founder of DForce, believes that this sense of identity stems from long-term cultural inferiority and is not limited to the Web3 field. Sun Yuchen, the founder of TRON, holds a relatively optimistic attitude, saying he has seen many creative teams from the country.

Frank Fan pointed out that domestic projects are looked down upon not only because of nationality and language issues, but more so because some projects lack innovation. Conflux co-founder Yuanjie provided several suggestions for Web3 entrepreneurs, including the choice between domestic and international routes.

Wiger shared his feelings about attending the conference, believing that there is a certain disconnect between China and the overseas community, but this could also be a huge opportunity. KVC.eth believes that the biggest bottleneck for Chinese capital and projects is not a lack of strength, but rather a sense of inferiority.

Victor Ji made some observations, including that the core of the Asian community is still the trading platform and the lack of a truly decentralized ecosystem. Flynngao commented on the current Web3 entrepreneurial environment in a sarcastic tone.

Slow Fog Yu Xian believes that Chinese people in Web3 need not be pessimistic or overly optimistic; real strength has never concerned itself with superficial prosperity. He calls on everyone to stay alert and recognize that the dark forest is the most authentic form of this industry.

This discussion reflects the challenges and opportunities faced by Chinese entrepreneurs in Web3, and also showcases the differing views of industry insiders on the development of the industry.